The National Bank World Elite Mastercard is an exceptional credit card offering up to $1,340 in benefits and rewards for the first year, including up to 5 rewards points per dollar spent. It comes with a variety of travel insurance coverages, extended warranties on purchases, and access to exclusive airport lounges. With an annual fee of $150, it’s packed with value for frequent travelers and savvy spenders alike. This card provides significant travel perks, flexible redemption options, and additional bonuses throughout the year.
Advantages of the National Bank World Elite Mastercard
The National Bank World Elite Mastercard stands out for its robust rewards program, offering up to 5 points per dollar spent on eligible purchases. Cardholders can earn significant travel discounts, with 5,000 points translating to $42 in travel discounts and 20,000 points equating to $166. The card also includes comprehensive travel insurance, such as out-of-province medical coverage, flight cancellation, and stolen luggage insurance. Additionally, cardholders benefit from access to the National Bank Lounge at Montréal-Trudeau Airport twice a year with a guest, and a $150 annual refund on travel expenses like seat selection and airport parking.
Disadvantages of the National Bank World Elite Mastercard
While the National Bank World Elite Mastercard offers numerous benefits, it does come with a $150 annual fee, which might be a drawback for some users. Additionally, the card’s high-interest rates—20.99% for purchases and 22.49% for balance transfers and cash advances—can be a concern if balances are not paid in full each month. Another limitation is the requirement for a minimum annual income to qualify, potentially excluding some applicants.
Extra features offered by the National Bank World Elite Mastercard
The card offers extended warranties on most purchases, up to triple the manufacturer’s warranty for an additional two years. It also includes purchase protection insurance, covering items against accidental damage, loss, or theft for up to 180 days. The World Elite Mastercard enhances security with Mastercard ID Check and provides fraud protection. Additionally, the card supports contactless payments through Apple Pay and Google Pay.
Learn how to apply for your National Bank World Elite Mastercard
Applying for the National Bank World Elite Mastercard is straightforward and can be done online in just five minutes. Potential cardholders need to meet the eligibility criteria, which include a minimum income requirement and credit approval by National Bank. Once approved, cardholders can start earning rewards and enjoying benefits immediately.
Discover the main ways to apply for the National Bank World Elite Mastercard
There are several convenient methods to apply for the National Bank World Elite Mastercard:
Prerequisites for request
Applicants must meet specific criteria, including a minimum annual income and a good credit score. The exact income requirement and other eligibility details can be found on the National Bank’s official website.
From the site
Visit the National Bank’s official website and navigate to the credit cards section. Choose the World Elite Mastercard and follow the prompts to complete the online application form. Ensure all required information is provided accurately for quick processing.
From the site App
Download the National Bank mobile app, available on both iOS and Android platforms. Log in or create an account, then select the World Elite Mastercard from the credit cards menu. Fill out the application form directly within the app.
By agency
Visit any National Bank branch to apply in person. Speak with a banking advisor who will guide you through the application process, ensuring all necessary documents and information are submitted.
The National Bank World Elite Mastercard offers a comprehensive suite of benefits, from extensive travel insurance to a lucrative rewards program. Its robust features, including extended warranties, purchase protection, and exclusive lounge access, make it an excellent choice for frequent travelers and those who maximize rewards. Despite the annual fee and high-interest rates, the card’s benefits can far outweigh these costs for the right user. If you meet the eligibility criteria and are looking for a premium credit card with substantial rewards and perks, the National Bank World Elite Mastercard is a top contender.
